Both Q4 and 2014 set new records for total transaction volume
By John B. Mugford
Seemingly insatiable investor demand for medical office buildings (MOBs) continued unabated during the fourth quarter (Q4) of last year as the total dollar volume of transactions for both the quarter and year established new records.
Back in February 2013, we at Healthcare Real Estate Insights™ published an article declaring that 2012 was the best year on record for medical office building (MOB) sales, as total volume topped $6 billion.
As always, we used data compiled by commercial real estate research firm Real Capital Analytics (RCA) Inc.
The next line of the story was: “Now what?” As in, “Can MOB sales go any higher?”
Investors answered that question loud and clear during the past two years as the nation’s MOB sales volume continued to increase.
In recent years, revised data found that 2006 was actually the previous peak, with more than
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